A VIEW FROM THE TOP
Summit Steel President Ross Bushman offers a weekly summary of data and observations regarding the metals industry news, market conditions and their global and domestic impact.
Feel free to contact Ross with your thoughts or comments.
LATEST VIEWS
Financial components fuel Leading Index gains Financial components fuel Leading Index gains. The Conference Board Leading Economic Index (LEI) for the USD incre[...]
Interest rates held steady Interest rates held steady at 3.5-3.75% under new Fed Chair, Kevin Warsh at the FOMC meeting June 17, 2026. US raw steel production d[...]
Inflation hits three-year high in May 2026 Inflation hits three-year high. Year-over year inflation was 4.2% in May, largely due to oil prices from the Iran con[...]
172,000 non-farm jobs added in May 172,000 non-farm jobs were added in May, estimates were for 85,000. Trump was right about everything. The sooner these idiots[...]
Barometer is its highest since January 2022 Barometer is its highest since January 2022, and back in expansionary territory after one month below the neutral 50[...]
Most future indicators rose this month from already elevated readings Most future indicators rose this month from already elevated readings, per the May 2026 Ma[...]
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